Norges Bank Portfolio holdings
Norges Bank, established in 1816 and headquartered in Oslo, Norway, serves as the central bank of Norway, responsible for monetary policy, issuing the Norwegian krone, and maintaining financial stability. Beyond its traditional central banking role, it oversees the management of the Government Pension Fund Global (often called the Norwegian Oil Fund), one of the world’s largest sovereign wealth funds, valued at over $1 trillion, which invests Norway’s oil and gas revenues in global equities, bonds, and real estate. The fund’s investment arm, Norges Bank Investment Management (NBIM), operates independently to ensure long-term wealth preservation for future generations, emphasizing sustainable and ethical investing practices. With its dual role, Norges Bank uniquely blends central banking duties with stewardship of a massive global investment portfolio.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$3.48B |
| 2 |
Apple
AAPL
|
+$3.25B |
| 3 |
ExxonMobil
XOM
|
+$3.2B |
| 4 |
Microsoft
MSFT
|
+$2.26B |
| 5 |
Chevron
CVX
|
+$2.15B |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.94% |
| 2 | Technology | 13.3% |
| 3 | Healthcare | 11.25% |
| 4 | Energy | 10.57% |
| 5 | Industrials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
BHP
BHP
$220B
| $19.7M | 0.01% |
+404,293
| New | +$22.4M |
|
1027
Watsco Inc
WSO
$12.6B
| $19.7M | 0.01% |
+234,292
| New | +$19.8M |
|
1028
Zebra Technologies
ZBRA
$16.4B
| $19.6M | 0.01% |
+451,621
| New | +$20.6M |
|
|
ICON
1029
DELISTED
Iconix Brand Group, Inc.
ICON
| $19.6M | 0.01% |
+66,491
| New | +$18.9M |
|
1030
Upbound Group
UPBD
$1.04B
| $19.6M | 0.01% |
+520,741
| New | +$18.9M |
|
1031
MasTec
MTZ
$16.7B
| $19.5M | 0.01% |
+594,101
| New | +$17.9M |
|
1032
Applied Industrial Technologies
AIT
$11.6B
| $19.4M | 0.01% |
+402,202
| New | +$18.3M |
|
1033
Cheesecake Factory
CAKE
$4.86B
| $19.4M | 0.01% |
+463,377
| New | +$18.5M |
|
|
MPT
1034
Medical Properties Trust
MPT
$2.2B
| $19.4M | 0.01% |
+1,355,034
| New | +$21.4M |
|
|
CLP
1035
DELISTED
COLONIAL PROPERTIES TRUST
CLP
| $19.4M | 0.01% |
+804,074
| New | +$18.7M |
|
|
RAD
1036
DELISTED
Rite Aid Corporation
RAD
| $19.4M | 0.01% |
+338,510
| New | +$17.7M |
|
|
DBD
1037
DELISTED
Diebold Nixdorf Incorporated
DBD
| $19.4M | 0.01% |
+574,488
| New | +$17.8M |
|
|
CNW
1038
DELISTED
CON-WAY INC.
CNW
| $19.3M | 0.01% |
+496,043
| New | +$18M |
|
1039
Southwest Gas
SWX
$6.31B
| $19.3M | 0.01% |
+412,855
| New | +$20.1M |
|
|
CEB
1040
DELISTED
CEB Inc.
CEB
| $19.3M | 0.01% |
+304,834
| New | +$17.9M |
|
1041
Lindsay Corp
LNN
$1.2B
| $19.2M | 0.01% |
+256,464
| New | +$20.3M |
|
|
VRE
1042
DELISTED
Veris Residential
VRE
| $19.2M | 0.01% |
+783,634
| New | +$21M |
|
1043
MGIC Investment
MTG
$6.11B
| $19.2M | 0.01% |
+3,161,145
| New | +$18M |
|
1044
Altisource Portfolio Solutions
ASPS
$61.8M
| $19.1M | 0.01% |
+25,436
| New | +$17.8M |
|
1045
Telephone and Data Systems
TDS
$4.28B
| $19.1M | 0.01% |
+775,226
| New | +$17.5M |
|
1046
CubeSmart
CUBE
$9.02B
| $19.1M | 0.01% |
+1,193,409
| New | +$19.5M |
|
|
ANAT
1047
DELISTED
American National Group, Inc. Common Stock
ANAT
| $18.9M | 0.01% |
+190,257
| New | +$18.1M |
|
|
SFG
1048
DELISTED
STANCORP FINL GRP
SFG
| $18.9M | 0.01% |
+382,974
| New | +$16.9M |
|
1049
Fortinet
FTNT
$129B
| $18.9M | 0.01% |
+5,400,325
| New | +$20.1M |
|
|
SKS
1050
DELISTED
SAKS INCORPORATED
SKS
| $18.9M | 0.01% |
+1,383,338
| New | +$17.8M |
|
Similar funds
Norges Bank's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Norges Bank, which disclosed 2,107 positions worth $161B. Its ten largest holdings account for 15% of the portfolio.
Its largest position is Blackrock: 12,991,729 shares worth $3.34B.
By sector, the portfolio is most concentrated in Financials at 19% of assets, followed by Technology and Healthcare.
- Norges Bank's largest Q2 2013 buy was Blackrock: 12,991,729 shares worth $3.34B.
- Norges Bank's ten largest holdings make up 15% of its $161B portfolio in Q2 2013.
- Norges Bank disclosed 2,107 positions in Q2 2013, its first 13F filing on record.
Based on Norges Bank's 13F filing for Q2 2013, filed 7 Aug 2013.